LYC lynas rare earths limited

Kalgoorlie Water Supply Agreement, page-7

  1. 502 Posts.
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    This is rediculous. No one in their right mind wiuld out up $500 Million to build a facilty needing water for processing without doing their Due Diligence on all asoects of input supplies over a projected 10 year plan.

    For anyone to inply that after the water shortages experienced at the LAMP in 2022, that the entire LYC and subcontractor teams overlooked this issue is utter nonsense.

    This after rumor of labor shortages, delays, complete shutdowns of processing in Australia and Malaysia.

    A company with a market cap of over $8.2 Billion does not throw good money after bad. This is complete fake news.

    One can only imagine the next headline of concern... Kalgoorlie Overrun by Locusts...
 
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